Speakasia?

Speak Asia a Ponzi scheme?

Speak Asia has been promoting itself heavily in the last few months, especially the IPL time slot.

An overview of the company's business model smells of a Ponzi scheme. What is surprising is educated people falling for the sham? I have so many friends who have subscribed to this scheme and who keep trying to persuade me to join it!!

Speak Asia has been able to get 12 lakh subscribers within 3 months, translating into a cash flow of 1200 Crores for the firm!!

To get a more detail on their workings please refer to:

Speak Asia Online : Genuine or Scam (Fraud)? Read Here! | 1671122

Hopefully none on the forums have fell for the sham...
 
Re: Speak Asia a Ponzi scheme?

A mod is spamming :p?
there are numerous threads on TE itself with some having already reached to what you have concluded.
 
Even though I know it's mos probably a scam, even though I know i will never invest in it..but the deals are so tempting...that for a moment even I was thinking of joining it :p

No wonder, so many people are falling for this 'trap'.
 
Seems like #SpeakAsia is going to be one of the biggest Scams in India in MLM , 19 lacs people paid 11,000 . thats 1900 crores @rahulkanwal

:\ , damn
 
is so fun watching the newbies on twitter trying to drum up support for speakasia :D

rahulkanwal Rahul Kanwal

For those who are asking about summons to #SpeakAsia honchos, Mumbai court issued summons yesterday afternoon
 
was just switching channels.

Star news was showing some details about Ram Survey.

Guess that site has now stopped sending surveys and all their offices here in India are locked.

One theft over... (RamSurvey)

One more to go ... (SpeakAsia)
 
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